Tencent
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MakeMyTrip Q1 net revenue more than doubles, loss widens
MakeMyTrip Ltd, India’s largest online travel services firm, said on Wednesday its net revenue for the quarter through June more ......
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eBay India formally part of Flipkart as merger concludes
Online selling platform eBay India and e-commerce firm Flipkart Group have formally concluded their merger process, a company statement said.Though ......
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Ola in talks with China's Tencent to raise $400 mn: Report
Homegrown cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, is in advanced talks with Chinese Internet giant Tencent to ......
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Ed-tech startup Byju's raises funds from China's Tencent
Bangalore-based Think and Learn Pvt. Ltd, which runs ed-tech startup Byju’s, has raised fresh funding from Chinese Internet conglomerate Tencent ......
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M-commerce platform ForeverShop raises seed funding from Chinese investor
Martin Tan, Co-Founder, ForeverShopBangalore- and Beijing-based Team Leaf Software Pvt. Ltd—which runs ForeverShop, a mobile platform connecting individual and ......
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How Alibaba tried snapping up Flipkart last year
Chinese e-commerce behemoth Alibaba had made a failed attempt to buy out Flipkart during the last quarter of 2016 when ......
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Flipkart raises $1.4 bn at lower valuation; to acquire eBay India
E-commerce major Flipkart will acquire the Indian operations of eBay Inc. as part of a $1.4 billion (Rs 9,000 crore) ......
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Flipkart raises $1.5 bn, inches closer to Snapdeal merger
Flipkart has already raised $1.5 billion from Tencent, Microsoft and eBay even as merger talks with Snapdeal are fast progressing, ......
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BigBasket eyes over $100 mn in next fundraise
The country’s top online grocer BigBasket has started preliminary discussions for its next fundraising exercise, targeting an investment ticket size ......
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Tiger Global may be part-exiting Flipkart with 3x return
One of the world's largest hedge funds Tiger Global, which is also the largest investor in Flipkart, may have struck ......
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